The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-07-24
TaB STATE OF TRADE.
THE RUSH OF BUSINESS In JULY
GREATER THAN EXPRCrRl.
New Enterprises Under Way
Losses OF Labor Or.
PLANTATIONS.
lHlcIAL 10 Yna ArrlAL.l

PHILADELPHIA, A. July e.
The rush of business since July LIST
has been greater than was anticipat-
cd in June. The rush Of business at
mills and the large featuring
establishments in the New England
and Middle States has been fully rs
per cent. greater than q year ago.
Reports from all large manufactur-
ing centers throughout the Ohio and
Mississippi valleys point to 4 general
revival Of activity. Reports from
Ill railroad companies show that
earnings this year have been II per
sent in excess Of earnings last year.
The wheat crop will be 10 per cent.
behind last year, and the corn crop
at least 10 per cent. ahead. The
wool clip will be about the same as
last year, but wool prices will prob
ably not advance. The cotton crop
will be about up to the average, and
prices will rule a little higher than
last year. All Of the great staples
excepting wheat will be sufficiently
abundant TO prevent any material ad.
vance in prices. The outlook from
the farmer standpoint is better than
year ago, aud from the manufactur-
er's standpoint, it has never been as
encouraging. There is an upward
tendency in some directions, but the
limit will soon be reached. The
manufacturing capacity OF the coun-
try is entirely too great to allow OF
any scarcity or even Of outside prices.
The steel rail mills are taxing few
orders Mt SIS for winter delivery and
$40 for fall. Bridge work is to be
undertaken this winter over the Mis-
sissippi, Missouri, Ohio, Hudson,
and a multitude Of smaller streams
10 the Southern States. These re-
quirements are now being placed.
The trade outlook is encouraging
20 wholesalers both East and West.
The condition Of the country is ia.
vorable for a heavy demand. The
cotton goods manufacturers in the
New England States are pretty well
sold up already. The manufacturers
Of wooden goods have as yet met with
very little business. The machinery
makers throughout the East have
now from two TO four months work.
Boot and shoe makers have sold
nearly all their stocks. Orders are
coming 10 freely Tor the late fall aud
the early winter. Nearly all Of the
factories are running full time. Tho
paper makers have had the busiest
and best season they have ever had,
aud fall orders are now coming in for
book and news paper. The smaller
manufacturers along the Atlantic
coast from Boston 10 Savannah have
a larger amount Of work contracted
for than Tor many years. Throughout
New York, Pennsylvania aud Ohio
the car builders, the founders and
the general run Of employers who
run from fifty 10 100 men are now in
the market for raw material. Higher
prices must be realized for products
before q permanent advance can bo
made in the crude materials.
IL IL probable that a movement
will DO made In n short time BY
workingmen for two or four weeks
suspension OF work during the sum
NOR. They will argue that as they
have not full time throughout the
year, IL will be more TO their adysn.
tago 10 fix their own idle time and
have IL In the summer.
There we're twenty.three strikes
up 10 June Both, involving 23i73l
persons, against POO strikes for the
same time last year, involving 363,.
SO persons. OF the former, 63. 900
were engaged in building trades. BE-
900 we're engaged in transports.
ton; In iron aud steel, 1900.
New shoe manufacturing establish.
ments are springing up in the East;
since 1870 the production has in
creased one half. The newspapers
OF the country are making much 70.
lolcing over what seems TO be a rand
falling OF 10 the membership Of the
Knights.
The architects all over the country
expect TO BE- very busy during the
rest OF the year. An immense
amount Of work is projected In the
West. The builders are loaded I'M
with contracts which will allow them
no leisure till Christmas. In New
York City alone the building con.
tracts Tor the first six mouths foot
up H1 10000, against S5,OOo, 900
Ter the hrst six months Of last year.
An extraordinary increase has been
made In other cities, especially In the
West, aud the workmcn in the build
ing trades are all earning high wages.
COOPERATIVE concerns are spring
lng up in the west, but as a rule they
do no, seem TO be thriving. This, III
true, Is more due 10 lack OF bust.
ness capacity than anything else.
The workingmen overlook tho fact
that ability 10 manage business sue.
ccs,sially Is a very rare quality.
Labor politics are coming IN in
the Wesi, whore the farmers arc act.
ing as ballast. Ia the Eastern States
where the farmers stay out the move.
ments generally make shipwrcck.
la addition 10 this the old parties In
two or three the States east of the
Mississippi have some Of the labor
leaders brought up 10 swing along
with the labor movement, but pre-.
vent u from accomplishing ANYTHING
Sixteen new glass factories viii
start up 20 September. having 2O6
pots, OF which 100 are for window
glass.
During the past six months 3Gl
saw aud planning mills were started in
the South. In Massachusetts there
are 5000 Knights. A Popnsylyania
n.il maker Is about moving 10 Tho
Ohio glass fields, and others are con.
templating a similar movement. The